Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 82 - DISCONTINUANCE AND REPLACEMENT OF GROUP COVERAGE
Section 836-082-0050 - Statutory Authority
Current through Register Vol. 63, No. 9, September 1, 2024
OAR 836-082-0055 is adopted by the Director of the Department of Insurance and Finance pursuant to the authority of the Director:
(1) To carry out the prohibition in ORS 746.015 against unfair discrimination in the availability of insurance and in the terms or conditions of insurance policies;
(2) To aid in the carrying out of ORS 742.005(3), which requires the Director to disapprove a form requiring the Director's approval if in the Director's judgment, its use would be prejudicial to the interests of the insurer's policyholders; and
(3) To aid in the carrying out of ORS 742.005(4), which requires the Director to disapprove a form if the Director finds it contains unjust, unfair or inequitable provisions.
Stat. Auth.: ORS 731, ORS 742 & ORS 746
Stats. Implemented: ORS 742.005(3) - ORS 742.005(4) & ORS 746.0015(1)
